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COVID-19 and how it affects practices financially

Updated: Apr 29, 2022


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"The Medical Group Management Association (MGMA) reported in late April that 97 percent of medical practices have experienced a negative financial impact directly related to COVID-19. This includes a 60 percent decrease in patient volume and a 55 percent decrease in revenue since the beginning of the pandemic, resulting in many practices forced to furlough or layoff staff". Keith Loria.


Surgical Capital Solutions respectfully shares this article in order to give visibility to our website visitors regarding financial impact of Covid-19 in medical practices. For further information on this article, please go to https://www.medicaleconomics.com/view/how-covid-19-affecting-practices-financially

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